The import of AC generators with an output of less than 75 kVA to the US is forecasted to see a steady increase from 2024 to 2028, with values expected to grow from $265.63 million in 2024 to $289.8 million by 2028. As of 2023, these imports stood at $260 million, marking a notable trend of incremental growth. The year-on-year percentage increase is consistent, with average growth rates observed around 2% annually. The compound annual growth rate (CAGR) over the five-year period is estimated to be approximately 1.8%.
Future trends to watch for include potential disruptions in supply chains which might affect import levels, and sustainable and energy-efficient technologies could influence market demand. Monitoring geopolitical developments and environmental regulations will be essential as they may impact this market's trajectory.
